PepsiCo Gross Margin 2010-2024 | PEP
- PepsiCo average gross margin for 2023 was 53.75%, a 1.22% increase from 2022.
- PepsiCo average gross margin for 2022 was 53.1%, a 1.72% increase from 2021.
- PepsiCo average gross margin for 2021 was 54.03%, a 1.96% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.